Revenue Accounting Analyst, SecurityScorecard

$70-90k

+ Stock options

Salesforce
Sage
Junior and Mid level
Remote from US

More information about location

SecurityScorecard

Cybersecurity ratings & risk management

Job no longer available

SecurityScorecard

Cybersecurity ratings & risk management

501-1000 employees

B2BData storageSecurityEnterpriseCyber Security

Job no longer available

$70-90k

+ Stock options

Salesforce
Sage
Junior and Mid level
Remote from US

More information about location

501-1000 employees

B2BData storageSecurityEnterpriseCyber Security

Company mission

SecurityScorecard's mission is to make the world a safer place by transforming the way organizations understand, mitigate, and communicate cybersecurity risk to their boards, employees, and vendors.

Role

Who you are

  • 2-3+ years of accounting or audit + accounting experience
  • Business or accounting degree required
  • Certified Public Accountant or equivalent, with Big 4 or large accounting firm experience
  • Bachelor’s degree in Accounting or other relevant field
  • Prior experience at a start-up or other fast-paced environment
  • Strong understanding of US GAAP, ASC 606 and ASC 340 principles
  • Strong organizational skills; a detail-oriented self-starter with the ability to work independently and across various functions
  • Proven experience in customer contract reviews, subscription billing processes and systems, invoicing, and collections strategies
  • Ability to partner cross-functionally across the company, and with external partners
  • Proven analytical and creative problem-solving skills, with the capacity to identify issues and implement solutions proactively, driving continuous improvement
  • Excellent communication and organizational skills, both written and verbal
  • Experience with Sage Intacct preferred
  • Experience with Stripe, Salesforce, Workato, Avalara, and Tesorio a plus
  • Ability to work Eastern time zone hours

What the job involves

  • The Accounting Analyst at SecurityScorecard will be primarily responsible for overseeing the day-to-day order to cash process
  • Reporting directly to the Director, Revenue, they will also be responsible for managing the month/quarter end close process for items related to Revenue and Accounts Receivable
  • This candidate will work cross-functionally with sales, revops, legal, and finance teams and will be instrumental in ensuring an accurate and efficient recording of revenue
  • Serve as a subject matter expert on ASC 606 revenue accounting and the quote-to-cash process
  • Review revenue contracts for application of appropriate revenue recognition in accordance with relevant accounting literature and the Company’s revenue recognition policy
  • Prepare revenue recognition assessment for non-standard agreements including, material right, modification, SSP allocation, etc. as well as a summary of the non-standard terms of arrangement along with the revenue recognition implications per ASC 606 guidance for internal management and audit purposes
  • Manage revenue recognition related to professional services including the capture of monthly/quarterly time entries from time tracking system, Reconcile tracked billable hours to revenue per the accounting system, Prepare and send monthly invoices for open projects, and Properly accrue or defer revenue at month end based on time entries
  • Work in close liaison with the Professional Services group to resolve any issues related to time, expenses, and/or invoices
  • Participate in the month end close process including preparation of journal entries, account analysis and reconciliation of revenue accounts to deliver timely and accurate financial results
  • Perform month and quarter-end close tasks associated with revenue recognition, including the review of deferred revenue reconciliations, validating deferred revenue, and review/preparation of revenue journal entries for non-standard revenue deals, as required
  • Prepare and review quarterly revenue schedules and disclosures for internal and external reporting
  • Collaborate cross-functionally with finance, legal, sales, sales operations and professional services relative to contract negotiations to provide guidance on technical accounting, policy or process issues around revenue recognition and improve the quality of monthly, quarterly, and annual closes
  • Support special projects as needed including the implementation and / or maintenance of revenue accounting systems and tools
  • Prepare weekly cash collection reports and forecasts
  • Prepare month and quarter-end close tasks associated with Accounts Receivable including Bad Debt Analysis (in accordance with CECL) and DSO Analysis
  • Perform special, ad-hoc projects in Accounting/Finance as requested
  • Accrue for and file monthly, quarterly, and annual Sales Tax returns for required jurisdictions

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Insights

Top investors

62% employee growth in 12 months

Company

Company benefits

  • Stock options
  • 12 weeks of paid maternity leave / 4 weeks paid paternity leave
  • Work from home opportunities
  • Medical, dental, and vision coverage
  • Unlimited PTO
  • 401K
  • $3k annual education stipend per employee
  • Full access to our learning platform and company professional development events
  • Up to $10K referral bonus

Funding (last 2 of 7 rounds)

Mar 2021

$180m

SERIES E

Jun 2019

$50m

SERIES D

Total funding: $294.4m

Our take

Organizations understand the value of data and the value of business partnerships that will help them leverage it. However, involving more companies increases the risk of vulnerabilities, and therefore costly data breaches. SecurityScorecard is a cloud-based enterprise SaaS solution that helps organizations assess and manage cybersecurity risks, offering analyses of potential partner companies using A-F security ratings.

SecurityScorecard looms over its competitors as it covers millions of companies, offering near-instant cybersecurity analyses and an array of capabilities. It has a large, global, and big-name customer base, including 9 of the top 10 pharmaceutical companies and 9 of the top 10 banking institutions, and it is likely to go public in the next few years.

It has both developed and consolidated an impressive lead in a sector that will continue growing and rewarding cutting-edge security solutions. It looks set to remain an industry leader with demonstrable, accessible, and highly attractive customer offerings. In 2024, this included a supply chain cyber risk management platform - MAX - which is driving record revenue.

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Freddie

Company Specialist at Welcome to the Jungle